VC-backed companies (i.e., companies that were primarily financed by VCs prior to their IPO) generated: 🚀 62% of US R&D and 48% of patents by value 💲 41% of US market cap 😱 92% of R&D and 93% of patents by value in the post-ERISA era 💡 VC-led innovation shapes the world #Innovation #VCRevolution #RnD #ERISA #SurpriseStatistics #VC #USBusinessLandscapes #FutureIsVC #DiscoverTheNumbers #Statistics